The first phase of redevelopment at an historic Birmingham building is almost complete.
Birmingham property agents CPBigwood has been appointed to market the second phase of the former Birmingham Mint in the Jewellery Quarter.
Based at Icknield Street, Birmingham Mint started producing tokens and coins in 1850 as a private enterprise, separate from, but in cooperation with the Royal Mint.
It manufactured for countries all over the world, ranging from bronze coins for Napoleon III of France to several million one euro and two euro denominations.
A slump in trade in 2003 forced sales of the mint business assets and its home.
Redevelopment got off to a stuttering start – first owner of the land, a major housebuilder, decided not to proceed and the next purchaser was brought down in the 2008 recession.
But in May 2010 development of the site was revived when it was sold by administrator Deloitte to Raybone Developments (Mint), intending to produce a gated residential and office development – 224 apartments and 66,000 sq ft of grade A office space.
Steve Bott, part of CPBigwood’s commercial agency team on Colmore Row, said: “This is a showcase regeneration of an iconic site steeped in the city’s history.
“We are looking for a substantial pre-let – there will be interested parties out there for which such a prominent site and quality redevelopment will greatly appeal.
“We are talking an entirely new community in a setting of character and charm. We think it has a lot going for it.”
Mr Bott said CPBigwood would be handling 7,239 sq ft floorplates on three levels.
Subject to change of planning consent from offices, the development offers the possibility of a small supermarket or showroom.
As part of the scheme, the listed façade and 130-foot chimney have been retained and incorporated.